Hippo Completes Successful 2024 Reinsurance Renewals [Yahoo! Finance]
Hippo Holdings Inc. (HIPO)
Company Research
Source: Yahoo! Finance
"Our reinsurance partners have affirmed their confidence in our business with improved terms for the second year in a row," said Rick McCathron , CEO and President. "Our efforts to reduce exposure to weather-related volatility in our business, combined with our proactive approach to home protection, has continued to drive significant improvements in loss ratio, making the Hippo Home Insurance Program attractive to reinsurers, many of whom have been with us for multiple years." "The successful placement of our 2024 reinsurance program, and our decision to retain more of the non-PCS exposure and corresponding premium, on our own balance sheet reflects our growing confidence in the profitability and predictability of our underwriting results," said CFO Stewart Ellis Highlights: Proportional Reinsurance Treaties (Hippo) - The decision to purchase substantially less proportional reinsurance in 2024 and retain more Hippo Home Insurance Program premium and the associated non-catastrop
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HIPO
News
- Hippo Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Hippo Reports First Quarter 2024 Financial ResultsPR Newswire
- Vareto Introduces First Multiplayer Platform In Enterprise Planning CategoryBusiness Wire
- Hippo Holdings Inc. (NYSE: HIPO) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $25.00 price target on the stock.MarketBeat
- HIPPO TO REPORT FIRST QUARTER FINANCIAL RESULTS ON MAY 2, 2024PR Newswire
HIPO
Earnings
- 3/6/24 - Beat
HIPO
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/24/24 - Form ARS
- HIPO's page on the SEC website